The Gross Law Firm Notifies HireRight Holdings Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - HRT

Key Facts

• Shareholders who purchased shares of HRT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.
• CONTACT US HERE: https://securitiesclasslaw.com/securities/hireright-holdings-loss-submission-form/?id=76955&from=4 CLASS PERIOD: This lawsuit is on behalf of all those who purchased or otherwise acquired HireRight securities pursuant and/or traceable to documents issued in connection with HireRight's October 2021 initial public offering.
• ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) HireRight was exposed to customers with significant employment and hiring risk and the Company derived greater revenue growth from existing client hiring than from new client hiring; (ii) as a result, the Company's revenue growth was unsustainable to the extent that it relied on the stability of its current customers' hiring and/or the profitability of securing new customers; (iii) accordingly, HireRight had overstated its post- initial public offering business and/or prospects; and (iv) as a result, defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
• The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices.

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